Will next wk's GDP data show #recession or, at best, very weak growth? Special Report: No Spring Thaw on my homepage http://t.co/fLT2Vsd0Gv— A. Gary Shilling (@agaryshilling) July 25, 2014
>>Will next wk’s GDP data show #recession or, at best, very weak growth?<<
NO! The first report will look as rosy as can be. It is the two revisions afterward that will tell the story.
By the time we get to the second revision, the gubbamint will milly-mouth the numbers.